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    1287 Riley Way Chaparral, NM 88081

    New
    For Sale
    $289,900

    COMMERCIAL - Chaparral, NM

    Lot size:
    1.94 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 1287 Riley Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    16N4034155230381
    Lot size
    1.94 Acres

    Utilities

    Water source
    Public

    Keller Williams Realty Las Cruces (575) 527-0880 [email protected]

    Listing agent Jake Mossman (575) 650-8615

    Listing date Dec 3, 2025

    MLS# 2502516 Listing URL

    Copyright © 2025 Multiple Listing & Information Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chaparral Land Near Highway 54

    This 1.937-acre commercial land opportunity is located at 1287 Riley Way in Chaparral, New Mexico. The property is positioned one lot from Highway 54, providing visibility and capturing traffic between El Paso and Alamogordo. Riley Way channels daily neighborhood traffic past the property. The site is equipped with water and electricity, requiring only a septic tank installation. The property's size allows for various uses, including retail, service, storage, or mixed-use development. It features road frontage and easy access. This location is suitable for various business ventures in Chaparral's growing business corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Storage Facility HVAC Service Bar & Pub Discount Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chaparral
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.318637
    Latitude
    32.012667

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    FAQs

    What type of property is this?
    Commercial land - 1.94 acres near Highway 54, ready for development.
    Where is this commercial land located?
    The property is located at 1287 Riley Way Chaparral, NM.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: - Prime location one lot from Highway 54, offering high visibility and traffic flow.; - 1.937-acre lot with significant road frontage and easy access.; - Water and electricity are already connected, reducing initial setup costs.
    (575) 650-8615
    Request Owner's contact information
    1287 Riley Way Chaparral, NM 88081
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    Chaparral, NM 88081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1287 Riley Way Chaparral, NM 88081
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